The proposed GST law is the most important reform towards creating a single market in India. It can help to boost the India's GDP growth by 1 to 2 percent
The GST philosophy was based on seamless credit not only of all taxes but all taxes used for business without restriction. This is not so.
Collecting taxes before they are due is unfair to tax payers- practice continued under GST
Chanakya in his arthashastra said- do not pluck the fruits before they are ripe. Revenue dept- has been doing this for some time
GST Law needs to be simple and not restrictive. Tax to be collected like bee collecting honey.
Understanding the meaning of supply is important to be able to appreciate the GST Law as all supplies are taxable.
There is a need of the system which can erode all such problems & can lead to the path which will simplify the taxation system & will give freedom from complex ..
Provisions, rules & Schedules of Model GST law (190 pages) is summarised.
The much awaited constitutional bill presented by Union Finance Minister on 19th November 2014. This will facilitate easy implementation of GST Law. The idea ab..
We are hoping that in the coming monsoon session, the GST Bill will finally see the light of the day and the Government will soon come out with much awaited GST..
25 Hours GST Scrutiny of Return and Notice Handling(With Recording)